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June 18, 2024
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Top tips for entrepreneurs: Eva and Allen Lau on community harnessing

TLDR:

  • Eva and Allen Lau, co-founders of Two Small Fish Ventures, share advice for entrepreneurs to leverage the U of T community.
  • They emphasize the importance of thinking big, choosing the right KPI, and taking investors through your story.

Eva and Allen Lau, renowned business leaders and co-founders of Two Small Fish Ventures, recently shared their top tips for entrepreneurs at the University of Toronto. They highlighted the significance of leveraging the U of T community, emphasizing that classmates and professors could potentially become customers, co-founders, or business partners. The duo, known for their involvement in launching Wattpad, also discussed the importance of picking the right key performance indicator (KPI) and thinking big in order to stand out in the competitive startup landscape.

In a video, Eva and Allen mentioned that they look for ambitious individuals who want to be game changers while evaluating potential investments. They also stressed the importance of storytelling during pitches, with Eva explaining that innovation to her looks like striving to be the category winner or creator. The couple recently announced the successful close of their third venture fund and delivered a keynote during U of T’s Entrepreneurship Week earlier this year.

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